What happens if I take out another/additional loan while I have an active loan?

Nothing, it just adds to your existing loan. Please be aware THIS RESETS YOUR 30 DAY MINIMUM LOAN FOR THE WHOLE LOAN AMOUNT. For example, if you took out a loan for $5000 2 months ago, but took out $500 more yesterday, if you try to pay back today, you’ll be paying 29 days interest on a loan of $5000, not just the $500. It’s important you keep this in mind.

August 21, 2022
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